Davis Select Worldwide ETF (BATS:DWLD) Short Interest Down 57.8% in June

Davis Select Worldwide ETF (BATS:DWLD) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 6,749 shares, a decline of 57.8% from the May 31st total of 15,982 shares. Based on an average trading volume of 16,610 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Davis Select Worldwide ETF

A number of hedge funds have recently added to or reduced their stakes in DWLD. Bank of America Corp DE grew its holdings in Davis Select Worldwide ETF by 300.6% in the first quarter. Bank of America Corp DE now owns 430,193 shares of the company’s stock valued at $18,847,000 after purchasing an additional 322,810 shares during the period. LPL Financial LLC raised its stake in Davis Select Worldwide ETF by 64.0% during the fourth quarter. LPL Financial LLC now owns 388,586 shares of the company’s stock worth $18,124,000 after purchasing an additional 151,593 shares during the period. Morgan Stanley grew its position in Davis Select Worldwide ETF by 7.1% in the fourth quarter. Morgan Stanley now owns 1,680,607 shares of the company’s stock worth $78,384,000 after acquiring an additional 111,744 shares during the period. Melone Private Wealth LLC purchased a new stake in Davis Select Worldwide ETF in the 4th quarter valued at about $4,897,000. Finally, Royal Bank of Canada boosted its position in shares of Davis Select Worldwide ETF by 21.0% during the first quarter. Royal Bank of Canada now owns 388,003 shares of the company’s stock worth $16,998,000 after buying an additional 67,364 shares during the period.

Davis Select Worldwide ETF Stock Up 0.9%

Shares of BATS DWLD opened at $46.35 on Tuesday. The firm has a market cap of $483.43 million, a P/E ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a 52 week low of $40.69 and a 52 week high of $49.01. The business’s 50 day moving average price is $47.10 and its 200 day moving average price is $46.41.

Davis Select Worldwide ETF Company Profile

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.